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Frontline CEO projects billion-dollar profit

Frontline's chief exec believes that the company can make a profit of more than USD 1 billion after taxes in 2020. "The prospects are historically strong," he tells Dagens Næringsliv.

Photo: Frontline / PR

While most shipping companies are looking into a challenging 2020, tanker ship operators could be headed for one of their best years ever.

The price war between Saudi Arabia and Russia means that there are currently being pumped massive amounts of oil into the global market.

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